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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Uncle Frank who wrote (35554)	4/9/2001 2:28:38 PM
From: t2	Read Replies (1) \| Respond to of 65232

Uncle Frank, I don't have any covered calls at this time and am loading up on tech and some other areas and have calls options on many. I am betting we have bottomed out. Just don't know if it today or later this week but it bottoms today or by mid week. Mutual funds have too much cash and will not have nearly the redemptions they expect. Diversified porfolio in various sectors is still probably the best bet. I have confidence that we will rally soon...turning point today or by mid week. BTW--Bearishness among retail traders has hit extreme levels while the mutual fund holders are not nearly as negative, IMHO. That should be key in the coming days.